
Who controls your city's money? | Trinity Tran
- Interview
- Business & money
What if your city could borrow money from its own bank instead of private lenders? TED Fellow Trinity Tran is leading the push for public banks — which are owned by the people through their local governments — and shows how this model could ensure your local tax dollars stay in your community. (Following her story, pulled from a short film she made for TED, Trinity joins Lily James Olds, director of the TED Fellows program, to dig more into how a public bank actually works, why it’s an ideal solution to reinvesting funds into local communities, and wh...
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 85% of the words are B1 or easier.
- 171 words a minute: natural, fairly fast speech.
- 205 harder words (B2 and up) in the whole episode.
Transcript
The opening of the episode. The whole transcript is in the player.
harder words (B2+)
Everyone I know has at one point or another borrowed some money from a parent, from a sibling, from a partner, from a friend. And sure, this can be a potential risk
on a personal and relationship level. That's a whole other podcast episode. But from a business perspective, one of the clear advantages of this type of arrangement
is that there's usually no interest or fees. But when it comes to local governments, What options do they have? We want our money invested locally,
That was the opening. The rest of the episode (36 min) is in the player: every word clickable, with translation, saved words and flashcards.
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